All Forum Posts by: Dar Shan

@Pearce G.That is a great point. I am intending to use home equity to pay 100%. I do have a full time job and savings to help pay for CapEx or other expenses that might come up.

Hi everyone, 

I am planning on making an offer on a multi-family property using the equity in my home. The home is paid off already. So, I wanted to know what would be the best way for me to take out money to pay for the house. I have been listening to the podcasts and have heard the term HELOC (home equity line of credit) thrown around. Is this the best way to pay for the other house? I'm basically trying to find a way to pay for the house with the lowest interest rate possible

If you have any other options for using my current home equity to pay, please let me know. 

Thanks for the help! 

Regards, 
Darshan 

Hi Everyone, I'm just starting my real estate investment career with the goal of financial freedom and not having to work. 

I know a lot of you have already reached this stage. Congratulations! This question is for all of you that have already quit your job...

What was peoples target monthly income number to get to the point of quitting their job? I know everyone's number is different and depends on a variety of different things. But, I'm curious and need some motivation and guidance on creating my own target number.

Thanks for your help! 

Hi Everyone, 

My dad is buying a multi family property in South Carolina and our plan is to transfer it to my name after it is bought because he doesn't want more equity under his name. Anyone know what would be the easiest way to do this? 

Thanks!